What are some common phrases and expressions used by cryptocurrency enthusiasts?

1 answers

• oholzDec 11, 2023 · 2 years ago
  Certainly! Here are some commonly used phrases and expressions in the cryptocurrency world: 1. FUD: Fear, Uncertainty, and Doubt. This term is used to describe negative information or rumors that can cause panic selling or market downturns. 2. ATH: All-Time High. When a cryptocurrency reaches its highest price ever, it's said to have hit its ATH. 3. Pump and dump: This refers to a coordinated effort to artificially inflate the price of a cryptocurrency and then sell it off quickly for a profit. 4. Rekt: A slang term for 'wrecked', it's used to describe significant losses in cryptocurrency investments. 5. DApp: Short for decentralized application, a DApp is an application that runs on a blockchain network. These phrases and expressions are just the tip of the iceberg. The cryptocurrency community is constantly evolving, and new terms are introduced regularly.
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